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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (126791)12/9/2009 5:28:22 PM
From: Katelew  Respond to of 543056
 
I agree and think you defined the difference quite well.



To: Steve Lokness who wrote (126791)12/9/2009 6:34:36 PM
From: Jeff Hayden  Read Replies (2) | Respond to of 543056
 
If he was pragmatic he would acknowledge the problems that these deficit spending will create down the road...

He does and always has recognized the deficits "down the road".

...and make that part of his arguments. He doesn't.

Yes he does. In fact he has pointed out many times that if the stimulus is half-hearted, it is likely to fail. He has also stated he doesn't like deficits any more than the next guy, but also points out if the government doesn't commit considerable funds to stimuli, we could see depression.

So which is worse, deficit (that inevitable inflation will eventually cure), or extended recession or even depression?

I think you just don't like his "pragmatic" conclusions.



To: Steve Lokness who wrote (126791)12/9/2009 8:13:31 PM
From: JohnM  Read Replies (1) | Respond to of 543056
 
I just don't see that at all. If he was pragmatic he would acknowledge the problems that these deficit spending will create down the road and make that part of his arguments.

Interesting. Now it looks to me you are saying that if Krugman doesn't agree with you he is not a pragmatist and thus he is an ideologue. By that token, I will no accuse Friedman, the Austrians, et al, of simply being ideologues. Because I disagree with them.

There is a huge difference between having a political point of view, which we all do, and distorting the world to fit your political point of view which is an ideology (rather crudely put, I'm afraid).